$1B in Bridge Hacks...Is the Future Still Multi-Chain? - Dmitriy Berenzon, 1kx, Ep. 192

Bridges facilitate cross-chain asset communication and play an imperative role in a multi-chain future. However, the recent WormHole & Ronin Bridge hack that led to a total loss of close to $1 billion has caused fear in users and led them to wonder - is the future still multi-chain? In this episode, Dmitriy - Research Partner at 1kx shares with us: What are the different kinds of bridges out there and their trade-offs? Why is the future is multi-chain and what are the role of bridges? Why is he excited about DAOs? Other high conviction and contrarian views he has Host: Jason Choi @mrjasonchoi . Not financial advice. ------------ Timestamps ------------- 0:00 - Podcast Intro 0:52 - Dmitriy's Background 3:42 - High-level Overview of Bridges & Trade-Offs 9:16 - Is Multi-Chain The Future 12:55 - How to Evaluate Bridge to Use 17:44 - Safer Bridge Models and Examples 18:43 - Are Bridges "Tunnels" or Developer Platforms 24:04 - Aggregation of Bridges like with DEXes 27:55 - Bridges that Dmitriy is Bullish On 30:00 - Why Dmitriy is Bullish on DAOs 38:49 - Other High Conviction Thesis & Contrarian Views ------------ Sponsors ------------- PARASWAP is the best place to trade your tokens and get the best price in DeFi today. Get started on https://paraswap.io/blockcrunch CoinFLEX is the Home of Crypto Yield for passive capital and active traders to earn and trade crypto. Explore yields up to 100% APR with CoinFLEX's simple AMM+ product: https://coinflex.com/amm ----------- More Resources -----------— Guest Dmitriy Berezon - https://twitter.com/dberenzon 1kx - https://twitter.com/1kxnetwork Article on Bridges that Dmitriy wrote - https://twitter.com/dberenzon/status/1435636234211131393 ------------ Disclosures ------------- Disclaimer: Jason Choi is a General Partner at Spartan Capital, a subsidiary of The Spartan Group. All opinions expressed by Jason and podcast guests are solely their own opinions and do not reflect the opinion of The Spartan Group and any of its subsidiaries